<h2>RBA Cites Optimism</h2> <p>The Australian Dollar has benefitted in recent weeks from the broad pickup in risk sentiment which has seen equities and commodities markets rallying. The easing of lockdown measures around the globe has turned investor focus towards the recovery which is now beginning and risk assets are being bolst
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WTI crude oil is up 250%! Will OPEC+ send it higher or lower?
<p> Oil prices have surged nearly 250% higher since recording a new 21-year low in April. On 1 May, the Organisation of the Petroleum Exporting Countries, otherwise known as OPEC, and its allies, known as OPEC+, agreed to cut the supply of oil by a record 9.7 million barrels per day. The aim was to […]
Tesla: Bitcoin in the stock market. Part 2.
Analysis of Tesla. Dependence of the stock rate on Musk’s tweets. Global scenario of future fluctuations. Medium- and short-term forecasts for TSLA stock Here’s the second part of my analysis of Tesla shares. In my previous article I’ve proved that Musk has been actively manipulating the rate of shares in order to help his entourage earn money [&he
NeoWave. Part 24. Progress labels in triangles and zigzags
Progress labels in zigzags, contracting, non-limiting, and all types of expanding triangles Dear Friends! To keep the presentations concise, I will remind you of the types of triangles once again: Contracting triangles: Limiting horizontal triangles; irregular triangles; running triangles. Non-Limiting Expanding triangles: Limiting horizontal trian
Pound keeps the distance
The GBP depends on the whims of a single person What is more dangerous, the pandemic or Brexit? The GBP/USD rally to its monthly high gives a clue. As the epidemiological situation improves and the world’s major economies reopen, investors are willing to sell safe havens, including the US dollar. The risks of breaking foreign economic relations, [&
Analysis for oil, gold, and EUR/USD for 04.06.2020
USCrude –oil Oil price has consolidated above Target Zone 4 [34.17 – 33.42]. The next upside target for the next week or two is Target Zone 5 [41.67 – 40.92]. The key support of the medium-term uptrend is now in the zone of [28.38 – 27.48]. To enter new purchases, I recommend expecting the price […]
Dollar is carried away by injections
The Fed may have overdone it with cheap liquidity. Could it crash the greenback? They wanted the best, and you know the rest. The Fed surprised investors with the huge monetary stimulus as a response to the pandemic, which has resulted in the fact that the markets are disconnected from reality. Markets ignore US poor […]
Turtle soup: Good old things
Counter-trend trading using price-action, VSA and Pivot points The main investment rule says: Higher risk, higher return. Many are afraid of it and aren’t ready to assume substantial risks. Even more so when everyone else says “Trend is your friend” and doesn’t recommend catching falling knives. But once you’ve learnt to control risks and understoo
Canada’s MSC Says IFC Markets Not Authorised to Target Local Investors
MSC said IFC Markets marketing is taking advantage of the COVID-19 crisis in order to attract Canadian investors.
WeWork Grapples with a Fresh Lawsuit over Failed IPO
Early investors said the coworking giant’s board overhyped the business plan and downplayed its losses.